{"data":{"id":"us-ca/corp-205","jurisdiction":"us-ca","citation":"CORP § 205","heading":"","body":"Solely for the purpose of any statute or regulation imposing any tax or fee based upon the capitalization of a corporation, all authorized shares of a corporation organized under this division shall be deemed to have a nominal or par value of one dollar ($1) per share. If any federal or other statute or regulation applicable to a particular corporation requires that the shares of such corporation have a par value, such shares shall have the par value determined by the board in order to satisfy the requirements of such statute or regulation.","path":["Corporations Code - CORP","TITLE 1. CORPORATIONS [100. - 14707.]","DIVISION 1. GENERAL CORPORATION LAW [100. - 2319.]","CHAPTER 2. Organization and Bylaws [200. - 213.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"041aa73d4ccdadd02498a1ee00d1619f779a331e2457c9eb3d01a1a71abd9dc3","source_id":"us-ca","stale":false,"prev":"us-ca/corp-204.5","next":"us-ca/corp-206"},"notice":"GroundRules: Original legal text. Not legal advice."}